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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Eric D. Moody who wrote (13341)8/12/1998 12:31:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Eric< what type of news will be required to burst the bubble?>.
Mary Meeker of Morgan Stanely chokes on a book she ordered from Amazon.com. A nuclear bomb is dropped on Seattle.
That's all I can come up with at the present.



To: Eric D. Moody who wrote (13341)8/12/1998 2:25:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Hi Eric,

Hope that you are not hurting right now. For the short term, I am just trying to hold/create some competitive advantages for myself in "trading" Amzn in small bits.

I believe that "the stock price" will be in serious trouble when the sellers start to sell! Don't worry, we are Americans!! The sellers will sell!

The sellers are:
1. The IPO institutional owners, holding 10 million plus shares; a large percentage of those 10M was borrowed by shorts.
2. The controllers, who bought most of the shares from the short sellers...5 millions shares maybe??
3. Insiders - 42 outstanding million shares strong and going via future options and announced acquisitions.
4. Last but not the least, all the boxed shorts! :))

I hope that you do not think that I am joking. :))

Jan